Lessons for Improving Corporate Compliance

Legal requirements are of concern to compliance personnel. But “compliance” as a mantra does not end there. Instead, fraud prevention only begins with legal prohibitions.

David Restaino authored this article as a guide for businesses to improve corporate compliance. He covers the laws that help to improve corporate compliance, including the False Claims Act and anti-kickback law, as well as otherstatutes specific to the industries in which they are directed, such as the Foreign Corrupt Practices Act.

Restaino also discusses the complications that occur when corporate compliance is not maintained, including prison penalties, settlements and criminal prosecution.